Oct. 03–The Palms has a new boss.
Daniel Lee, the former chairman and chief executive officer of Pinnacle Entertainment, has taken over the off-strip resort as its new CEO.
He replaces Joseph A. Magliarditi, who joined the Palms in June 2011 and recently resigned to pursue other business interests, according to Alex Acuna, the Palms’ spokesman.
“Our founder George Maloof and Joe [Magliarditi] built and improved this spectacular resort casino and put together a tremendous team of people who bring life to it every day,” Lee said in a statement. “I look forward to continuing to building on the great legacy they have begun.”
Two of Magliarditi’s main initiatives in the recent renovation of the Palms included partnering with Cantor Gaming to open a sports book and signing with The One Group, which opened the now-closed Heraea restaurant and nightclub.
Lee’s most recent project was the development and sale of a casino currently under construction in Lake Charles, La. Earlier in his career, Lee was the chief financial officer of Mirage Resorts.
